1993 (3) TMI 229

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..... der per : Jyoti Balasundaram, Member (J)]. Shri V. Sridharan, learned advocate submits that the demand of Rs. 13,45,304.22 has been confirmed against the applicants. According to the department this demand represents the higher notional credit taken on stampings laminations received by them from M/s. J.K. Stampings who are alleged to have been created by the applicants solely for the purpo .....

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..... iming higher modvat. We, therefore, stay the operation of the impugned order, set aside the impugned order and remand the matter to the adjudicating authority for de novo consideration in accordance with law. The adjudicating authority is to pass an order after dealing with all the contentions raised by the appellants and after affording them an opportunity of being heard in person. - - TaxTMI .....

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